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s are ringing the alarm on deficit. there were some of them ringing the bell top execs including those but eighty of them total from big u.s. corporations sent congress a letter asking for a sin thimbles type approach to reigning in the u.s. deficit the budget deficit three dollars in spending cuts for each dollar of tax increases what would be the impact of this or other possible scenarios for dealing with the u.s. debt and deficit simon mccaleb edge of ideas his capital is here to talk about it and speaking of deficits according to the financial times japan's finance ministry will hold crisis talks with bond dealers tomorrow as politicians there are at odds over a bill that's needed to allow billions more in borrowing to finance the country's deficit sound familiar to ban it is often brought up when talking about a country the u.s. is ability to run deficits will discuss the lessons for the u.s. and new g.d.p. numbers from the u.k. if you put stock in them they show the countries rebounding from recession growing by o
s are ringing the alarm on deficit. there were some of them ringing the bell top execs including those but eighty of them total from big u.s. corporations sent congress a letter asking for a sin thimbles type approach to reigning in the u.s. deficit the budget deficit three dollars in spending cuts for each dollar of tax increases what would be the impact of this or other possible scenarios for dealing with the u.s. debt and deficit simon mccaleb edge of ideas his capital is here to talk about...
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Nov 4, 2012
11/12
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WMPT
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that's the single most popular proposal for doing something about the deficit would be to let the bush tax cuts for the wealthy expire. and yet that goes nowhere in washington. >> you know, there is an organized, powerful constituency for deregulation, for high-end tax cuts, for policies that are neglecting some of the serious middle class strains. and there just isn't anything of comparable size or power on the other side. and that has pulled washington way, you know, way toward the concerns of the most affluent, most privileged members of our society and led them to often neglect the real struggles that americans are facing during this economic crisis, struggles that are magnified versions of what americans have been going through for 25 years or so. >> there was a time when we were sure that a strong middle class was the backbone of a democracy. and there was a time, after the ii world war when i was a young man, when incomes actually grew slightly faster at the bottom and the middle than at the top, is that right? do your figures support that. >> yes, they do. we described that per
that's the single most popular proposal for doing something about the deficit would be to let the bush tax cuts for the wealthy expire. and yet that goes nowhere in washington. >> you know, there is an organized, powerful constituency for deregulation, for high-end tax cuts, for policies that are neglecting some of the serious middle class strains. and there just isn't anything of comparable size or power on the other side. and that has pulled washington way, you know, way toward the...
WHUT (Howard University Television)
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Oct 30, 2012
10/12
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WHUT
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the message from the imf from example is that if you go too fast with deficit reduction, you may make the economy even worse adn so worse than the situation you are trying to cure. the argument is by enforcing strict rules, you make the patients iller. that message will come across loud and clear. the five people met 24 hours ago and made the same case. he agreed with them. when they meet chancellor angela merkel, it will not be an open door. i am sure it will be very polite and a lot of listening. there is no sign of much movement from the german government. >> i do not suppose it helped angela merkel when we look at the employment figures coming out today. not comfortable. >> no, because the argument becomes very, very real if your own economy is slowing down. the figures from germany showed the rate of unemployment remaining the same but the actual number going up a little bit. the movement is in the wrong direction. maybe the economy needs a bit of stimulus. >> thanks very much. a former serbian army chief is appealing his conviction of crimes against humanity and war crimes. it w
the message from the imf from example is that if you go too fast with deficit reduction, you may make the economy even worse adn so worse than the situation you are trying to cure. the argument is by enforcing strict rules, you make the patients iller. that message will come across loud and clear. the five people met 24 hours ago and made the same case. he agreed with them. when they meet chancellor angela merkel, it will not be an open door. i am sure it will be very polite and a lot of...
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Oct 29, 2012
10/12
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CNBC
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he was going to cut the deficit in half, increase jobs, we have a little bit of job growth. i don't always credit washington for that. i do credit the states and localities for that. but certainly the deficit's getting out of control and i think people are worried about their future generations being strapped with that. surely governor romney's been in ohio probably just as much as the president. they're hitting us quite a bit. people had a chance to listen what he had to say and trust in it. >> mayor coleman, you're mayor of columbus, ohio. the biggest city. how is the economy? it's coming down in this election to not only the future for other generations but also the economic picture in specific areas of the country. how is the economy in columbus right now? >> the economy in columbus is vastly improving. in fact, we're leading the way for the rest of the state. our unemployment rate is 5.7%. still, we have much more to go. we're the lowest unemployment rate in the entire state. frankly, it is the work of the locality, it is the work of our work here in the city of columbu
he was going to cut the deficit in half, increase jobs, we have a little bit of job growth. i don't always credit washington for that. i do credit the states and localities for that. but certainly the deficit's getting out of control and i think people are worried about their future generations being strapped with that. surely governor romney's been in ohio probably just as much as the president. they're hitting us quite a bit. people had a chance to listen what he had to say and trust in it....
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Nov 4, 2012
11/12
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WJLA
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and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. >>> welcome back. he's been called a m master of predictions. nate silver is the statistician whose analysis of polling data led to a near perfect forecast of the 2008 election. his work accurately called the electoral outcome of tes and ev in con teng. his 538 blog named for the total number of votes in the electoral college is hosted by the new york time and the author of the new book "the signal and the noise, why so many predictions fail but some don't." thank you for joining us. a few days before the election day and your analysis of the poll has given the president a better than 80% chance of winning, is that right? >> we have had 80% the past couple of days here. we are
and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. >>> welcome back. he's been called a m master of predictions. nate silver is the statistician whose analysis of...
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Oct 29, 2012
10/12
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CNBC
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most estimates peg the fiscal deficit numberner from 5.7 to 5.9%. but as i said, the finance minister coming out all guns blazing and saying it cannot be a business as usual promise. the tough decidings will need to be taken. they are talking about the decisions on the taxation front. they hope to divest the government's share holding. the spectrum sale should give them another strengthening rupee will bring down their import subsidy especially as far as oil sub s citydyes are concerninged. so the government at this point in time is clear, they're also sending out a message to the reserve bank of india. it announces its mop taker poli policy, they feel it could be a signal the government is serious about bringing the fiscal deficit under control. back to you. >> all right. thanks for that report. stewart, just wondering on evaluation basis whether developing markets are starting to look more attractive to you. >> emerging markets certainly in asia have been underperforming and assuming there's no major hick upto t hiccup to the global economy. so i
most estimates peg the fiscal deficit numberner from 5.7 to 5.9%. but as i said, the finance minister coming out all guns blazing and saying it cannot be a business as usual promise. the tough decidings will need to be taken. they are talking about the decisions on the taxation front. they hope to divest the government's share holding. the spectrum sale should give them another strengthening rupee will bring down their import subsidy especially as far as oil sub s citydyes are concerninged. so...
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you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i think it's called romneysia. >> people say you're secretive, out of touch, you play by a different set of rules. >> i know the obama campaign is going to do everything they can to try and deflect from the economic record of the president and his failure to come up with the plan to get the economy going in the future. >> no doubt romney is on message this time. he wants us to believe he can fix things like the economy and won't give up until he does. but that's the easy part of his story. the rest is harder to tell. he's a devout mormon who still worries it will be held against him. he's more pragmatist t
you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i think it's called romneysia. >> people...
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Nov 2, 2012
11/12
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WTTG
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next four years: hbuilding on our manufacturingur boom;: boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. . >>> four days after hurricane sandy, new yorkers are picking up the pieces after surviving a hard punch. the new video shows the strucks, piles of debris lining the streets, hundreds of homes collapsed. on top of the deaf station, there are disturbing images of what else sandy has on earth. paul wagner has more on that from staten island. paul? >> reporter: well, brian, janet napolitano was here awhile ago. the homeland security secretary, and i asked her of all of the damage she's seen from hurricane sandy, where does staten island stack? she s
next four years: hbuilding on our manufacturingur boom;: boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving...
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Oct 29, 2012
10/12
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MSNBC
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. >>> the dramatic scene this morning in freeport on new york's long island where firefighters battled a house fire as floodwaters from hurricane sandy started to pour into the town. those firefighters were knee-deep in water as you see from the pibts. thankfully no injuries reported there. more than 45,000 without power in that area of new york. mara skav camp powe joins. are most heeding that evacuation order snoo the reason officials address the message so strongly is bau of the storm surge. look if you can at these waves here. we've been out her
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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Oct 29, 2012
10/12
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CNBC
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prices will go up as a result of this so there's more inflation, our trade deficit gets worse. none of this is good news. unfortunately i think there is a good metaphor going on, we're in the lull before the storm right now. the same thing is true about our economy. we have a much bigger economic storm looming on the horizon and it is going to hit with a lot more force. >> well said. peter, we got to cut it a little bit short because we want to show our viewers breaking news out of new york city. thank you very much, peter schiff. >>> what you're looking at right now folks is a crane in new york city. not exactly sure where, west 57th street? thank you, guys. that's a partial crane collapse on west 57th in new york city. one of the cranes that goes up multiple stories. hard to see there but it is actually kind of bent over. the arm has swung back down. again, no other information on this. no word if it was manned, although that is highly manned. although that's highly unlikely in this weather. west 57th, a crane collapsed. we'll bring you more as it develops. >>> many stores ar
prices will go up as a result of this so there's more inflation, our trade deficit gets worse. none of this is good news. unfortunately i think there is a good metaphor going on, we're in the lull before the storm right now. the same thing is true about our economy. we have a much bigger economic storm looming on the horizon and it is going to hit with a lot more force. >> well said. peter, we got to cut it a little bit short because we want to show our viewers breaking news out of new...
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Nov 2, 2012
11/12
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MSNBC
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the deficit reduction we need in the long run is to stablize the nation's debt load. what we need to do is very clear. that is the good news. the bad news is we have to execute on that. that will be difficult. that's why i think over the next three to six months as we work through these issues the numbers could be softer than we are experiencing now. businesses are going to be very concerned and worried about what is going to happen. >> i want to talk quickly about sandy. you made your estimate i think as the one being quoted the most about $50 billion. what about the impact on the national economy? >> you know, it's going to affect the monthly data so vehicle sales were soft. we already saw that because of the effects of the last few days of october. but by the end of the year certainly by spring this will all iron out. i don't think bottom line sandy is going to have a big impact on the national economy. it's not a game changer at any time. >> all right. mark zandi of moody's analytics the man we always turn to on these fridays. we're going to keep following these r
the deficit reduction we need in the long run is to stablize the nation's debt load. what we need to do is very clear. that is the good news. the bad news is we have to execute on that. that will be difficult. that's why i think over the next three to six months as we work through these issues the numbers could be softer than we are experiencing now. businesses are going to be very concerned and worried about what is going to happen. >> i want to talk quickly about sandy. you made your...
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Oct 30, 2012
10/12
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CNBC
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and finally today my observation on the impact of sandy on america's discussion about our debt and deficit. the latest hard numbers show over 8 million people are still without electricity across 18 states as we speak. many of those states densely populated in the united states. while this was a freak storm, it's demonstrated that when our outdated power grid is tested, it fails. now, of course, we cannot control such things as the weather, so let's focus on what we can control. how we can improve our infrastructure like our power grid. to me this storm and the massive power failure should be a clarion call to address our antiquated grid to better withstand such uncontrollable events and to do this, once again, it comes down to reining in the fast growing $16 trillion debt the united states is currently saddled with. that total growing by more than $1 trillion over year. that kind of burden on america, there is little wiggle room for unforeseen events such as hurricane sandy. and think about this. we managed to accumulate this debt and run an annual $1 trillion
and finally today my observation on the impact of sandy on america's discussion about our debt and deficit. the latest hard numbers show over 8 million people are still without electricity across 18 states as we speak. many of those states densely populated in the united states. while this was a freak storm, it's demonstrated that when our outdated power grid is tested, it fails. now, of course, we cannot control such things as the weather, so let's focus on what we can control. how we can...
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Oct 29, 2012
10/12
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FBC
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we have a $1 trillion deficit. you cannot get from here to there which is the point i'm making. we have to start making some cuts in spending programs. lou: he ote a book entitled to is the fairest of the mall, and we recommend it highly. good to have you with us. a new obama campaign ad reaching out to female voters, testing the boundaries of decency, breaking the boundaries of class and propriety. coming up next, former defense secretary donald rumsfeld joins us, fomer reagan adviser arthur laugher. stay with us. we are tracking hurricanes sandy. the very latest for you. this looks like the real deal. ♪ ♪ lou: president's -- residents along the east coast are bracing for hurricane sandy, not due to make landfall in text and -- until next week, but it looks like it could be a spectacular event come early tuesday. hurricane sandy has been battering the bahamas, tearing to the caribbean, killing at least 40 people, that is how powerful the storm has been. still more than 400 miles southeast of south carolina. top winds are barely hurricane strength right now. however, if it s
we have a $1 trillion deficit. you cannot get from here to there which is the point i'm making. we have to start making some cuts in spending programs. lou: he ote a book entitled to is the fairest of the mall, and we recommend it highly. good to have you with us. a new obama campaign ad reaching out to female voters, testing the boundaries of decency, breaking the boundaries of class and propriety. coming up next, former defense secretary donald rumsfeld joins us, fomer reagan adviser arthur...
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Nov 2, 2012
11/12
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MSNBC
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they can't spend the next four years not doing anything about the deficit. we could see a deal to reduce the budget deficit and that would be a net positive for all the financial markets if that happens. but if the republicans were to run the table, you would see a pretty big rally on wall street. >> if president obama stays in office, do you think we'll take another peek at the american jobs act? >> i certainly think that's something the president is going to bring to the table. and perhaps that could be part of a bargain around the debt ceiling. one thing we've heard a lot of talk about, not so much from the white house although they've suggested they're open to it, is some sort of extension not to the payroll tax cut, but something like that. and, actually, just from the economics -- >> which is the only thing that republicans liked over the sum from the american jobs act. >> that's a good point. that's a correct point, thomas. and, look, as an economist, and i've heard economists of all strikes agree with what i'm about to say. that's actually 120 billio
they can't spend the next four years not doing anything about the deficit. we could see a deal to reduce the budget deficit and that would be a net positive for all the financial markets if that happens. but if the republicans were to run the table, you would see a pretty big rally on wall street. >> if president obama stays in office, do you think we'll take another peek at the american jobs act? >> i certainly think that's something the president is going to bring to the table....
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Oct 27, 2012
10/12
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FOXNEWS
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congress had taken it more seriously and i like to point out the same people who are concerned about the deficit and the impact on our children infrastructure is every bit as important. if we don't bring it up to speed it will hurt. >> john, do you think that building better school is going to change the education of our students. isn't it tougher standard and more competition. >> not one iota. it is a desperate act of the administration that ismenting to be perceived as doing 100,000 new teachers will not make investment rise . salary takers from the federal government can train jobs for the put future is laughable. best way to do that is are duce the burden. >> mark, is this another stimulus plan that is going to work the same way the last one did? >> i think the last one was ineffective because members of the congress decileded to block it and we spend little and we needed to spend two or three times the amount. it is 287 billion and we should have spent triple that and we have a 14.8 trillion. halfwent to loans and aid to bail out wall street. >> and so why are we going to spend money on job
congress had taken it more seriously and i like to point out the same people who are concerned about the deficit and the impact on our children infrastructure is every bit as important. if we don't bring it up to speed it will hurt. >> john, do you think that building better school is going to change the education of our students. isn't it tougher standard and more competition. >> not one iota. it is a desperate act of the administration that ismenting to be perceived as doing...
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Oct 29, 2012
10/12
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WTTG
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but how many dismissed the giants of a unexpected losses, rivals and deadline deals and playoff deficits? well, the 2010 season is remembered as torture and the pure joy of the first time, 2012 signature's might just be determination and resilience. they are still oddballs and characters, but fun never eclipse the resolve to win. shaken by cincinnati, shoved again by st. louis, san francisco fought back with roster-wide determination, pitch by pitch by pitch. at times a friendly nudge or two from fate. like the san francisco constance of beautiful views and fog, this giants organization has doggedly assembled elite pitching, their own young talent and choosing just the right tweak over the splashy deal. talented ingredients powered by some of the best fans in baseball and placed in the steady hand of manager bruce bochy, who may in the crave attention, but that is proven time and again capable of nurturing excellence. so we arrive, two years later, in this same place, san francisco giants, world series champions. there was never a doubt. >> in terms of our final thoughts, mine is bruce b
but how many dismissed the giants of a unexpected losses, rivals and deadline deals and playoff deficits? well, the 2010 season is remembered as torture and the pure joy of the first time, 2012 signature's might just be determination and resilience. they are still oddballs and characters, but fun never eclipse the resolve to win. shaken by cincinnati, shoved again by st. louis, san francisco fought back with roster-wide determination, pitch by pitch by pitch. at times a friendly nudge or two...
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Nov 3, 2012
11/12
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FOXNEWS
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he said he was going to cut federal deficit in half. instead he doubled it. he said he was going to cut the unemployment rate to 5.2% by now. we learned on friday that it's 7.9%. that's 9 million jobs short of what he promised. employment is now higher than when barak obama took office. he promised that he would propose a solution for social security and medicare to keep them from going insolvency. but instead, he raided medicare $716 billion to pay for his obamacare. he said he would lower health premiums. instead, they're up by $3,000 a family. gasoline. the american family now pays $2,000 a year more for gasoline than when the president took office. (booing) he said he was going to work across the aisle on the most important issues. you know he has not met on the economy or on jobs or on the budget with either the republican leader of the house or the leader of the senate since july. instead of bridging the divide, he's made the divide wider. you wonder how it is that he's fallen so short of his promises? it's in part because he never led before. he never
he said he was going to cut federal deficit in half. instead he doubled it. he said he was going to cut the unemployment rate to 5.2% by now. we learned on friday that it's 7.9%. that's 9 million jobs short of what he promised. employment is now higher than when barak obama took office. he promised that he would propose a solution for social security and medicare to keep them from going insolvency. but instead, he raided medicare $716 billion to pay for his obamacare. he said he would lower...
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Nov 1, 2012
11/12
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CNBC
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it's doomed any real progress on guns, immigration, tax reform, job creation and deficit reduction and he has a divisive populous agenda. he's talking about barack obama. now, i'll admit, that ain't much of an endorsement. you have to agree with me on that. >> i totally agree. when i read it, i was like, hey, where is the endorsement part? but here's the central part, guys, that he does make and we can't escape. part of of the point that he makes on romney's positions with climate change is the not just climate change itself, but where he was and then where he is now. this idea that romney has since put politics ahead of this good science. and that's where kellyanne references -- >> he did that -- >> hold on. his point is the mitt romney that he knew all those years ago is not the right ring guy running for president now. that's the poink he makes. point he makes. >> and that is what making this a close race because mitt has moved a little to the center. but another one i can't let go by. president obama now wants a secretary of business. ap-mitt romney's response is, hey, listen, i'm
it's doomed any real progress on guns, immigration, tax reform, job creation and deficit reduction and he has a divisive populous agenda. he's talking about barack obama. now, i'll admit, that ain't much of an endorsement. you have to agree with me on that. >> i totally agree. when i read it, i was like, hey, where is the endorsement part? but here's the central part, guys, that he does make and we can't escape. part of of the point that he makes on romney's positions with climate change...
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Nov 2, 2012
11/12
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WJLA
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message.
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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Oct 30, 2012
10/12
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CNBC
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the issue is a deficit which is a huge drag long term and the spending of government and a lot of this will depend honestly on who is elected. >> stay with us. first we'll check on the markets to the degree that we can. u.s. futures have been trading in the overnight and morning session. >> currently trading a little bit more than 40 points below fair value. let's show you european markets. a bit higher this morning by good numbers out of ubs and bp. ftse 100 up 35 points. xetra dax up 0.8%. ibex up 0.6%. let's remind you what's going on as far as reinsurers are concerned. impact on hurricane sandy as well. all the big reinsurers are up. this is an expectation maybes wills aren't quite as heavy, but of course if you to get losses, also hardening rates in the long term anyway. an auction coming out of italy today. that's in about an hour or so time. we have three to four billion. might raise more than that. yields just a little lower today, just below 5% for italian. ten year spanish yields, 5.64%. still okay for now for the spanish government. euro-dollar is 1.2929 last wednesday. and
the issue is a deficit which is a huge drag long term and the spending of government and a lot of this will depend honestly on who is elected. >> stay with us. first we'll check on the markets to the degree that we can. u.s. futures have been trading in the overnight and morning session. >> currently trading a little bit more than 40 points below fair value. let's show you european markets. a bit higher this morning by good numbers out of ubs and bp. ftse 100 up 35 points. xetra dax...
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Oct 28, 2012
10/12
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KNTV
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no team has ever recovered from a three games to nothing deficit in world series history. the two runs in the second inning and that is all they ended up needing. final score, 2-0. the giants will go for a series sweep tomorrow night. and jamie sire, comcast sportsnet has more on the big victory. >> reporter: for all the time the giants spent playing catch-up in the first part of the postseason, they picked a perfect time to put their foot on the gas. they have not trailed since the end of game four in the nlcs and now they sit just one win away from a world series title. >> growing up, that's exactly where i wanted to know. being one game away. we're going to take it one game at a time. just like we have all postseason and going into tomorrow, 0-0. >> you have to keep going about your business as usual and come out tomorrow ready to go. and don't think about where you're at. but go out. try to win tomorrow night. these guys have done a great job of that. whether they've been down like we have, 0 zsh 2 or 3-1. we're up. but there's still a lot of business at hand. >> to be
no team has ever recovered from a three games to nothing deficit in world series history. the two runs in the second inning and that is all they ended up needing. final score, 2-0. the giants will go for a series sweep tomorrow night. and jamie sire, comcast sportsnet has more on the big victory. >> reporter: for all the time the giants spent playing catch-up in the first part of the postseason, they picked a perfect time to put their foot on the gas. they have not trailed since the end...
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Oct 29, 2012
10/12
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MSNBCW
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. >> there's no doubt that the first order of business is to get our deficits and debt under control. the good thing is there's a forcing mechanism. the bush tax cuts end at end of the year. we have the sequester looming. that wouldn't be the right way to do thing, takes a machete to something as opposed to a scalpel. after the election both democrats and republicans say this is something the country wants to solve. if i've won, then i believe that's a mandate for doing it in a balanced way. >> congresscomwoman if the president wins will they have to budge to raise taxes for the super wealthy to take care the debt? >> i think it's interesting to listen to his comments. basically the president's ideas on how to deal with an economy are an empty binder, if you will. we have brought forward item after item and suggestion after suggestion and bill after bill. we've passed bipartisan legislation in the house, and the senate won't take it up. what we need to do is make certain that we extend the bush tax cuts. we also want to go about closing some of the loopholes and primarily we have to c
. >> there's no doubt that the first order of business is to get our deficits and debt under control. the good thing is there's a forcing mechanism. the bush tax cuts end at end of the year. we have the sequester looming. that wouldn't be the right way to do thing, takes a machete to something as opposed to a scalpel. after the election both democrats and republicans say this is something the country wants to solve. if i've won, then i believe that's a mandate for doing it in a balanced...
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Oct 30, 2012
10/12
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WJLA
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. >> and the most impressive messages are coming from you. >> a natasha barrett has some of the best pictures have seen it coming in today. >> we have been getting pictures all day long from the area. this picture is utah street in arlington. an entire street blocked. this house, the tree just missed our producer's home. virginia state police gave us this picture in loudoun county. look at the yellow sign. that is how much flooding is going on there. first road north in arlington you can see men on the tree. next, a bathroom in d.c. it tree made its
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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Nov 2, 2012
11/12
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MSNBC
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for once, if congress does nothing, it will make major progress on the deficit. >> thanks so much. david, thanks for standing by and being with us. >> thank you. >> up next, marathon madness. the race goes on despite mounting controversy. and this weekend, we're turning rockefeller plaza into democracy plaza, broadcasting there this sunday. a special edition of "andrea mitchell reports" at a special time, 3:00 eastern only right here on msnbc. what if there was a new way to deal with money that focused less on fees and more... on what matters? maybe your bank account is taking too much time and maybe it's costing too much money. introducing bluebird by american express and walmart. your alternative to checking and debit. it's loaded with features, not fees. because we think your money should stay where it belongs. with you. the value you expect. the service you deserve. it feels good to bluebird. get it at your local walmart. >>> the new york city marathon is still scheduled to be run on sunday despite backlash from new yorkers. many of whom are still in the dark. mike bloomberg wa
for once, if congress does nothing, it will make major progress on the deficit. >> thanks so much. david, thanks for standing by and being with us. >> thank you. >> up next, marathon madness. the race goes on despite mounting controversy. and this weekend, we're turning rockefeller plaza into democracy plaza, broadcasting there this sunday. a special edition of "andrea mitchell reports" at a special time, 3:00 eastern only right here on msnbc. what if there was a new...
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Nov 1, 2012
11/12
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CNNW
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the result of this top-down economics was falling income, record deficit, the slowest job growth in half a century and an economic crisis that we've been cleaning up for the last four years. now, in the closing weeks of this campaign governor romney has been using all his talents as a salesman to dress up these very same policies that failed our country so badly, the very same policies we've been cleaning up after for the past four years, and he is offering them up as change. he is saying he is the candidate of change. well, let me tell you, wisconsin, we know what change looks like. what the governor is offering sure ain't change. getting more power back to the biggest banks isn't change. leaving millions without health insurance isn't change. mother $5 trillion tax cut that favors the wealthy isn't change. turning medicare into a voucher is change, but we don't want that change. refusing to answer questions about the details of your policies isn't change. ruling out compromise by pledging to rubber stamp the tea party's agenda as president, that's definitely not change. in fact, that's
the result of this top-down economics was falling income, record deficit, the slowest job growth in half a century and an economic crisis that we've been cleaning up for the last four years. now, in the closing weeks of this campaign governor romney has been using all his talents as a salesman to dress up these very same policies that failed our country so badly, the very same policies we've been cleaning up after for the past four years, and he is offering them up as change. he is saying he is...
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Oct 30, 2012
10/12
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WGN
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fellow republicans in the vote for increased revenue as part of a plan with spending cuts to reduce the deficit. late word that the tunnels which feed into new york are now filling with water the subway system is full of salt water into not the tunnels are here is the right to view the rains have resumed on the east coast. we have a wind gust reported at michigan city of 55 mi. per hour waves are up to 12 ft. now at the buoys and if this storm comes west so will our wins on the area will come close the showers get later tomorrow. it will feed into michigan and parts of indiana as well still windy but coming down a little bit as you can see open like wins will vary from 20- gusting to 55 +. waves will build 9-12 ft. up against the shore. that is amazing look at the wind gusts that occurred today on long island. 94 mi. per hour gusts. the colder air will keep feeding into this area. coming up in less than 48 hours from the start of the bulls' season, heinrich hopes to be healthy enough to ♪ free layaway on all the holiday's hottest toys. at kmart. hi. ooh, that's so... i know what you're thinki
fellow republicans in the vote for increased revenue as part of a plan with spending cuts to reduce the deficit. late word that the tunnels which feed into new york are now filling with water the subway system is full of salt water into not the tunnels are here is the right to view the rains have resumed on the east coast. we have a wind gust reported at michigan city of 55 mi. per hour waves are up to 12 ft. now at the buoys and if this storm comes west so will our wins on the area will come...
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certainly i think that as far as having to respect, i think we will lose more respect by having massive deficit, structural plus $0.40 on every dollar borrowed. neil: that is brilliantly put. i wish when i was arguing earlier and from it that way, that's what makes it a big expert and the degree teleprompter reader. in all seriousness that is a very good point. so the human safety issue. i know others have expanded. you can do a lot of the stuff of computers but you and i know you can't do it exclusively on computers. you need people doing stuff. there is an alternative. but what you make of that argument that next time, and there will be in next time, we get our act together so that we can resume trading regardless of the calamity or is it that important to resume trading? >> and if those guys had gone back to work early, we had at crash where a trillion dollars was lost in the market in ten minutes. luckily it was recouped by the end of the day. investors have lost faith in the markets. they lost faith in equities. the last thing we need is people going back to work, risking safety and at the
certainly i think that as far as having to respect, i think we will lose more respect by having massive deficit, structural plus $0.40 on every dollar borrowed. neil: that is brilliantly put. i wish when i was arguing earlier and from it that way, that's what makes it a big expert and the degree teleprompter reader. in all seriousness that is a very good point. so the human safety issue. i know others have expanded. you can do a lot of the stuff of computers but you and i know you can't do it...
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Oct 31, 2012
10/12
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FOXNEWSW
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it's going to leave a tremendous deficit in the they have to spend billions of dollars cleaning it up in new york. i think it's going to go that high here. >> you are right. they are saying four days hopefully to get the subways back. in i don't know how they are coming up with that kind of an estimate. >> bill: they the get some lines up but some won't be up in that time. >> there is a point breezy queens, claf on the water. summer community but some people, and it was a massive fire. what happened there? sad story. this is the western most bare your island on long island. very close to new york. barrier island overtopped with water. fire starts. the fire department tries to get out there. it's flooded and it's a barrier island. difficult to get to. the winds were gusting to 80 miles per hour. so you have a fire started. and these homes are very very close together there. >> they are packed. >> they are packed. you get winds going 80 miles per hour. why don't know what started the fire. >> some kind of electrical situation even though the electric went down you have got a lot of oil
it's going to leave a tremendous deficit in the they have to spend billions of dollars cleaning it up in new york. i think it's going to go that high here. >> you are right. they are saying four days hopefully to get the subways back. in i don't know how they are coming up with that kind of an estimate. >> bill: they the get some lines up but some won't be up in that time. >> there is a point breezy queens, claf on the water. summer community but some people, and it was a...
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Oct 29, 2012
10/12
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FBC
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look at this. >> after inheritinga $1 trillion deficit i signed to a trillion dollars of spending cuts into law. john: he signed the sending cuts? >> they cut some stuff. john: what he was saying was that after the next ten years, instead of increasing spending by the 10 trillion i wanted to i will increase it by just seven and a half trillion. isn't that deceit? >> well, it is kind of going -- john: a $2 trillion spending cut. >> it's easy in kind of broad strokes to say, oh, we should not spend all this money. bbt the real challenge is looking at these things and making judgments and value judgments about what it is that we wanted to as a society. do we want to spend money on defense, educate kids, have cops and firefighters, decent roads. john: does local government responsibity. >> sometimes the federal government gets into that's. john: he is keeping an embassy with 15,000 americans. he wants to spend more on defense, not as much as romney, but more. he wants to spend on everything. >> i'm not going to disagree in fight you on every one of these issues because there are some thing
look at this. >> after inheritinga $1 trillion deficit i signed to a trillion dollars of spending cuts into law. john: he signed the sending cuts? >> they cut some stuff. john: what he was saying was that after the next ten years, instead of increasing spending by the 10 trillion i wanted to i will increase it by just seven and a half trillion. isn't that deceit? >> well, it is kind of going -- john: a $2 trillion spending cut. >> it's easy in kind of broad strokes to...
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Nov 1, 2012
11/12
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CNBC
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>> we're going to pay for it, man mandy, like we always do with treasury bonds and an increasing deficit. our best estimate on the effect of sandy is that $20 billion to $30 billion economic loss which would be one-half of 1% hit to gdp in the fourth quarter. but i think also equal a .5% positive in futures going forward. is that a positive or negative for the bond and stock market? probably neither in our view. i think the greater affect would be on the election and then the fiscal cliff which is perhaps what we're pointing towards in the near term future. >> back to something you said, bill. is it a loss or is it merely transferred to something else? is there any wealth really lost during these types of incidents? >> well, that's the broken window effect, brian. to the extent that you break your window, is that a loss if you replace it? no. the window comes stacked but it takes money that could have been spent on something else. i would say, yes, it certainly is an economic loss to the expense that other investments could have substituted for it. >> getting back to the fiscal cliff, wh
>> we're going to pay for it, man mandy, like we always do with treasury bonds and an increasing deficit. our best estimate on the effect of sandy is that $20 billion to $30 billion economic loss which would be one-half of 1% hit to gdp in the fourth quarter. but i think also equal a .5% positive in futures going forward. is that a positive or negative for the bond and stock market? probably neither in our view. i think the greater affect would be on the election and then the fiscal cliff...
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Nov 1, 2012
11/12
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CSPAN
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this deficit could crush future generations. republicans and democrats both loved america. we need to have leadership in washington to bring people together and get the job done. i could not care less if it is a republican or democrat. host: i want to show you some articles that are in the paper. this is from "the financial times." this is in the "the wall street journal" this morning -- a new poll. wisconsin, 49% to 46%. in "the washington post," election costs continue to climb. this from "the hill" newspaper -- beverly from north carolina on our democrats' line. who is best equipped to reach across the aisle? caller: of course, it is president obama. everything that the other guy said before you had a commercial is true. mitt romney is a joke. if the same republicans come back into congress and do the same things they have done before in the house particularly we only have two years to get rid of every one of them. i hope they all go. god bless america. bye. host: three more articles and then we are going to switch topics. this is the lead story on "daily caller" this mo
this deficit could crush future generations. republicans and democrats both loved america. we need to have leadership in washington to bring people together and get the job done. i could not care less if it is a republican or democrat. host: i want to show you some articles that are in the paper. this is from "the financial times." this is in the "the wall street journal" this morning -- a new poll. wisconsin, 49% to 46%. in "the washington post," election costs...
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Nov 3, 2012
11/12
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KOFY
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. >> she says the deficit is a concern but it would be much of a less concern if the economy were more robust. >> dan: we are clearly in the homestretch now before the election. by some accounts the presidential race has been going on for 700 days. political analyst addressed that issue. >> it would be the most expensive deviceive and tightest election we're going to be faced in modern times of the political campaign. it's an amazing situation but many people are not waiting. >> turnout at the polls for early voting is at record numbers across the country. these lines are outside atlanta, georgia. today was the last day of early voting in the county for the november 6th election. >>> same situation in broward county, florida, the wait took up to four hours. election day may be tuesday, but we might actually know the winner this weekend. you see sce 1936 the outcome of the last washington redskins home game has correctly predicted the winner of 17 out of 18 elections if you can believe that. if the red scans win, incumbent party wins, if the redskins lose so does the incumbent. they fac
. >> she says the deficit is a concern but it would be much of a less concern if the economy were more robust. >> dan: we are clearly in the homestretch now before the election. by some accounts the presidential race has been going on for 700 days. political analyst addressed that issue. >> it would be the most expensive deviceive and tightest election we're going to be faced in modern times of the political campaign. it's an amazing situation but many people are not waiting....
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Oct 27, 2012
10/12
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FOXNEWSW
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he promised to cut the deficit in half. i know he says he wants to do something that helps with the budget, but to balance the budget it starts -- it helps to have actually had a budgets. >> from florida to new evening land, the nation watches as hurricane sandy prepares to bear down and slam into the atlantic coast. in florida they are not expecting to be too badly hit. he was asked to postpone all events. [no audio]. >> that's too bad. i was saying how well it was working while he was on the campaign bus. apologize for that technical glitch. we have team coverage of both campaigns coming up a little later on this hour. a live report from our chief white house correspondent ed henry traveling with president obama's campaign in the battleground state of new hampshire. that's coming up. >>> speaking of the weather, this is a fox extreme weather alert. hurricane sandy's path is looking more ominous by the hour as it barrels up the eastern seaboard. the monster storm is already battering the mid-atlantic states with punishing
he promised to cut the deficit in half. i know he says he wants to do something that helps with the budget, but to balance the budget it starts -- it helps to have actually had a budgets. >> from florida to new evening land, the nation watches as hurricane sandy prepares to bear down and slam into the atlantic coast. in florida they are not expecting to be too badly hit. he was asked to postpone all events. [no audio]. >> that's too bad. i was saying how well it was working while he...